Mentioned In 19 Articles

...MCLEAN, Va.--(BUSINESS WIRE)-- Gannett Co., Inc. (GCI) today announced that Paul Bascobert has been appointed President and Chief Executive Officer and a member of the Board of Directors, effective immediately....

....m.: Gannett Co. appeared it win its battle with Digital First Media today as the shareholders re-elected the Gannett's entire slate of candidates for seats on the board of directors. Our original story begins here: Woul...

...Gannett Co. is poised to retain control of its entire board in a proxy fight with a hedge-fund-backed rival that made a hostile bid for the USA Today owner, according to people familiar with the matter... ...

...y control of Gannett. MNG withdrew three of its six initial nominees in April but maintained its offer to buy Gannett, which Gannett has rejected as not credible. "Having evaluated the arguments made by MNG and the incum...

...w three of its six initial nominees in April but maintained its offer to buy Gannett for $12 per share, which Gannett has rejected as not credible. With one member on the Gannett board, MNG would likely have limited sway...

...ve their campaign to stop a hostile takeover bid.
In a mailing to shareholders in advance of the May 16 vote, Gannett is accusing the slate of board of directors candidates proposed by MNG/Digital First Media of having i...

...week that before attempting a hostile takeover of Gannett, MNG representatives repeatedly floated the idea to Gannett officials that Gannett should acquire MNG's newspapers. Gannett suggested in a letter to shareholders ...

...id that Alden wants out of MSN and speculated that Gannett could actually end up being the buyer in any deal. Gannett execs said they continue to consider all potential acquisitions that make sense for the company. Ganne...

... bid to take control of Gannett's board of directors... A hedge fund-owned newspaper company with its eyes on Gannett Co. is launching a hostile bid to take control of Gannett's board of directors. MNG Enterprises Inc., ...

...nnett board concluded that MNG’s unsolicited proposal undervalues Gannett and is not in the best interests of Gannett and its shareholders,” the company said in a statement. “In addition, Gannett does not believe MNG’s p...

...nd digital marketing. Rowlands has served as CEO and President of Thomson Financial, as Division President at Gannett, and has recently been appointed Chief Executive Officerand President at Web.com Group... ...

...career in government and considerable success in providing strategic guidance for business model innovation," Gannett CEO Bob Dickey said. "We are honored to have him join our board." The Courier-Journal is part of Ganne...

After careful review and consideration, conducted in consultation with its financial and legal advisers, the Gannett board concluded that MNG's unsolicited proposal undervalues Gannett and is not in the best interests of Gannett and its shareholders.

MNG will consider its options in the coming days, including nominating a slate of individuals to the Gannett board who agree that Gannett shareholders should decide for themselves whether to accept our premium cash offer or other alternatives for immediate and certain value.